In Re Ellis

MEMORANDUM OPINION AND ORDER SUSTAINING OBJECTION TO CLAIMED EXEMPTIONS

AUDREY R. EVANS, Bankruptcy Judge.

On May 5, 2011, the Court heard the Objection to Claimed Exemptions filed by W.L. Smith and Loyd Dorsey (“Smith and Dorsey”). Harry S. Hurst, Jr. appeared on behalf of Smith and Dorsey, and G. Mike DeLoache appeared on behalf of the Debtors. At the close of evidence, the Court took the matter under advisement.

This is a core proceeding under 28 U.S.C. § 157(b)(2)(B). This Order shall constitute findings of fact and conclusions of law pursuant to Bankruptcy Rule of Procedure 7052.

Smith and…